Fairmont Booster Club
- Assets
- $53.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Fairmont, MN
- Founding
- 07/2003
- Data as of
- 07/2023
- EIN
- 41-1995632
Organization Overview
Fairmont Booster Club is located in Fairmont, MN. The organization was established in 2003. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fairmont Booster Club is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 07/2023, Fairmont Booster Club generated $28.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.0%) each year. All expenses for the organization totaled $21.6k during the year ending 07/2023. As we would expect to see with falling revenues, expenses have declined by (7.4%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rhonda Hines President | 0 | $0 | |
Tyler Thoeny Treasurer | 0 | $0 | |
Chrisy Stone Vice Preside | 0 | $0 | |
Leslie Crissinger Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,625 |
| Total Program Service Revenue | $0 |
| Membership dues | $2,450 |
| Investment income | $42 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $28,792 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $8,719 |
| Total expenses | $21,610 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $53,816 |
| Other assets | $0 |
| Total assets | $53,816 |
| Total liabilities | $0 |
| Net assets or fund balances | $53,816 |